Commercial Lending

Stroock’s Commercial Lending attorneys have represented clients in the origination of over $11 billion of commercial real estate financings since the beginning of 2006.

We are experienced in all aspects of commercial lending, including:

  • Loans intended for securitization, including single loan securitizations and large separately-rated loans
  • Syndicated Loan Transactions
  • Senior/Subordinate (“A/B”) co-lending arrangements
  • Mezzanine debt
  • Preferred Equity Financings
  • Sale and purchase of commercial loan interests
  • Construction loans
  • Corporate lines of credit
  • Credit tenant loans
  • Participating loans

We have extensive experience in all major collateral types, including retail, office, multifamily and hotels.

Representative Transactions

  • $472 million syndicated financing with respect to a midtown Manhattan office property, including senior and junior mezzanine loan classes
  • $450 million financing of the acquisition of 13 multifamily properties in Arizona, including senior and junior mezzanine loan classes
  • $370 million acquisition financing of midtown Manhattan office project
  • $302 million acquisition financing of midtown Manhattan office (to be converted into an approximately $500 million construction and term loan facility)
  • $270 million acquisition financing of 33 retail shopping centers throughout the United States
  • $245 million financing with respect to the acquisition of a Chicago office building
  • $185 million syndicated financing with respect to acquisition and development of largest remaining undeveloped property in Los Angeles; syndication included sale of senior and subordinate notes
  • $130 million syndicated construction loan with respect to an office project in Washington, D.C.
  • $110 million syndicated first mortgage and mezzanine construction financing with respect to a high-end residential and retail condominium project in Manhattan
  • Representation of mezzanine fund in the acquisition of several hundred million dollars of mezzanine loans, subordinate debt and preferred equity financings
  • Representation of fund in the purchase of a $40 million junior participation interest in a
    $125 million mezzanine financing related to the acquisition of 79 multifamily properties (approximately 16,500 units)
  • Representation of fund in the leveraged acquisition of the most junior debt interest in $825 million financing of Sears Tower in Chicago, Illinois

We have extensive experience in the sale and acquisition of performing and non-performing commercial real estate loan assets and are familiar with the market legal standards for loan sales, “note on note” financing and co-lending arrangements (including participations, “A/B” co-lending structures and preferred equity financings).  Our experience in this area includes the representation of  (1) banking institutions in the sale of commercial mortgages, subordinated “B Notes” and mezzanine loans, (2) an institutional fund manager in the acquisition of several hundred million dollars of senior and subordinate commercial real estate loan assets, (3) an investment fund in the acquisition of subordinated mezzanine debt and participation interests involving seller financing, and (4) an investment fund in the acquisition, participation and financing of its interest as lender in a loan on a Manhattan office property.

Our Commercial Lending practice is one component of a large, national commercial real estate practice.  We represent institutional and private owner and investor clients in virtually all aspects of commercial real estate law, including sales and acquisitions, joint ventures, real estate development, commercial leasing, condominium and cooperative plans, land use and tax certiorari. 

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Attorneys in this Group


NAME TITLE OFFICE
Loryn D. Arkow Partner Los Angeles

Loryn D. Arkow
Partner
Los Angeles

Eugene P. Balshem Partner Miami

Eugene P. Balshem
Partner
Miami

Diana M. Brummer Partner New York

Diana M. Brummer
Partner
New York

William Campbell Partner New York

William Campbell
Partner
New York

Brian Diamond Partner New York

Brian Diamond
Partner
New York

Steven Horowitz Partner New York
Miami

Steven Horowitz
Partner
New York
Miami

Marc Hurel Partner New York

Marc Hurel
Partner
New York

Jeffrey R. Keitelman Co-Managing Partner Washington, DC
New York

Jeffrey R. Keitelman
Co-Managing Partner
Washington, DC
New York

Ronald A. Kriss Of Counsel Miami

Ronald A. Kriss
Of Counsel
Miami

Elizabeth R. Lorton Special Counsel New York

Elizabeth R. Lorton
Special Counsel
New York

Leah A. Melone Special Counsel New York

Leah A. Melone
Special Counsel
New York

Joseph F. Miller Special Counsel Washington, DC

Joseph F. Miller
Special Counsel
Washington, DC

Steven P. Moskowitz Partner New York

Steven P. Moskowitz
Partner
New York

Kim Pagotto Partner Washington, DC

Kim Pagotto
Partner
Washington, DC

Karen Scanna Partner New York

Karen Scanna
Partner
New York

Hala M. Sibay Special Counsel Washington, DC

Hala M. Sibay
Special Counsel
Washington, DC

Justin R. Steinmark Special Counsel Miami

Justin R. Steinmark
Special Counsel
Miami

Ira K. Teicher Partner Miami

Ira K. Teicher
Partner
Miami

Jon S. Ziefert Special Counsel Los Angeles
New York

Jon S. Ziefert
Special Counsel
Los Angeles
New York

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